Production and Income: Input-Output and Social Accounting Matrix Approaches

Name: Production and Income: Input-Output and Social Accounting Matrix Approaches
Brand: Vita e Pensiero
Price: 6.00 EUR
Availability: OnlineOnly

digital

Article

Magazine

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI

Issue

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2025 - 1

Title

Production and Income: Input-Output and Social Accounting Matrix Approaches

Authors

Rosita Pretaroli, Francesca Severini, Claudio Socci

Publisher

Vita e Pensiero

Format

Article |

Pdf

Pages

Online from

04-2025

Doi

10.26350/000518_000146

Issn

0035-676X (print) | 1827-7918 (digital)

€ 6.00

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Description

The System of National Accounts (SNA) and the evolution of satellite accounts allowed the development of increasingly realistic and disaggregated macroeconomic models for policy design. The Social Accounting Matrix (SAM), the sophisticated tool within SNA, provides the integration of non-economic and territorial elements into the circular flow of income. As economic policy objectives are often broad and interact with social factors, such as household types and territorial characteristics, the SAM represents a valuable database for the policy maker, being able to capture the complexity of modern economies, both in aggregate and disaggregated terms. Extended multisectoral models based on SAMs offer detailed insights, revealing the interrelationships among industries, primary factors and institutional sectors. These models recently gained renewed attention for analysing policy impacts, especially in contexts like environmental policies, natural disasters, and pandemics.

keywords

System of National Accounts, Social Accounting Matrix, Multisectoral models.

Authors biography

Claudio Socci, Department of Economics and Law – University of Macerata. E-mail: ✉ claudio.socci@unimc.it.
Rosita Pretaroli, Department of Political Science, Communication and International Relations – University of Macerata. E-mail: rosita.pretaroli@unimc.it.
Francesca Severini, Department of Education, Cultural Heritage and Tourism – University of Macerata. E-mail: francesca.severini@unimc.it.